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Flat 110 м² in Fara, Portugal

920 255 $

8 365 $ /м²

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Area

110 м2

Bedrooms

1

Luxury 1-bedroom apartment with 110 sqm of living space.

AVAILABLE FOR GOLDEN VISA 400KA luxury 1-bedroom apartment with 110 sqm of living space. The apartment consists of an entrance hall, fully equipped kitchen, large living room, 1 shared bathroom, 1 bedroom with private bathroom.The apartment is located on the first floor and has access to a terrace of 113 sq.m and a private pool of 16 sq.m.It is possible to purchase the property with furniture for an additional price of 55.350 euros.The apartments have high quality finishes, air conditioning, underfloor heating with hydraulic heating, solar panels, intelligent device for lighting and temperature control. Also installed fire system and alarm systemParking space in the underground garage is sold together with the property.Resort location:22 km from Faro airport12 km from Vilamoura city20 km from the nearest beach

Services and facilities

Air conditioner
Pool
Household appliances
Garage/parking
Balcony or terrace
Lift

Additional details

Property type

Residential Properties

Object type

Flat

Price

920 255 $

Characteristics

Air conditioner
Pool
Household appliances
Garage/parking
Balcony or terrace
Lift
Park View

FAQ

In Portugal a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Fara; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Portugal finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Portugal takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Fara short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (920 255 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Fara: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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